DUBAI-WHOLESALE-CITY

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and
Prime Minister of the UAE and Ruler of Dubai, has unveiled the blueprint
for Dubai Food Park (DFP), the latest addition to Dubai
Wholesale City (DWSC)
.

To be developed at a cost of US$1.5 billion, first destination in the
Middle East dedicated to serving the food sector. DFP seeks to enhance
Dubai’s position as a leading regional hub for food trade, import,
export and re-export of foodstuffs. Conceptualized at a time when food
trade makes up 11 percent of the UAE’s GDP and the food industry is
estimated to grow by 70 percent to US$6.3 billion by 2030, the Park will
offer all categories of food wholesale services to meet the high demand
of the food sector in the UAE and the wider region.

DFP will span over 48 million square feet within DWSC, the largest
wholesale hub in the world occupying 550 million square feet that will
take shape over a 10-year period at an estimated cost of US$8.2 billion.
The Park’s strategic location at the crossroads of East and West and
easy accessibility to Dubai’s advanced logistics facilities distinguish
it from other wholesale destinations worldwide.

DFP will fall under the supervision and responsibility of Abdulla
Belhoul, CEO of Dubai Wholesale City. Speaking on the project, Belhoul
said: “DFP has been established to meet the increased need for
specialized logistical services to reduce supply chain costs. The Park
will be a one-stop destination for government, administrative and
logistical services related to food wholesale, import, export and
re-export.”

The Park will feature a central wholesale market serving the retail,
hospitality and food service sector, a logistics area, complementary
services area, handling packaged goods area, a facility for recycling
organic waste, and a comprehensive range of governmental services
including customs clearance, licensing, food safety and inspection – all
under one roof.

Benefiting from Dubai’s world-class infrastructure in land, marine and
air transport, DFP will provide an attractive environment for business
operators and global investors. The Park is set to play a vital role in
supporting global food security, and fostering innovation across the
sector.